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   RosettaNet Grant

Background

The Government provides assistance to implement the RosettaNet Standard in the form of a grant for local manufacturing, manufacturing related services as well as companies in the services sector. The implementation of the RosettaNet Standard will enable Malaysian companies to adopt efficient business processes with large companies as well as preparing them to embrace global Supply Chain Management (SCM) System.


With the adoption of the RosettaNet standard, local companies would be able to conduct business electronically through common codes for sourcing of parts and components with their partners, suppliers and buyers apart from enjoying the benefits of reduced inventory costs, time to market and lower transaction costs.


The two available models in implementing the RosettaNet Standard are:

  • RosettaNet Direct Model
  • RosettaNet Application Service Provider (ASP) Model

Allocation
The government has allocated RM5 million for the RosettaNet Grant.

Who Can Apply
  • Manufacturing companies in the E&E sector incorporated under the Companies Act 1965;
  • At least 60% of equity held by Malaysians; and
  • Manufacturing and supplying products to large companies or Multi National 
        Corporations (MNCs) which have implemented RosettaNet
  • Approved Activities

    Companies who are adopting and implementing RosettaNet, an internet based common messaging standard for global supply chain management.

    Funding
    1. 50% matching grant with the remainder of the costs to be borne by the applicant;
    2. Maximum grant per company is RM100,000;
    3. Government grant schemes;
    4. Funding period is one year from the date of the signing of the Acceptance Letter by the applicant;
    5. 30% of approved grants on expenses incurred to purchase the middleware by the recipient will be given upfront upon signing of the acceptance letter. The remainder will be paid in two instalments of 30% and 40% based on completed milestones; and
    6. Funds will be disbursed within one month upon receiving all completed documents including certified invoices, payment vouchers and official receipts.

    Grant Recipients
    Confidential information. Kindly contact SMIDEC directly should the information be required.

    Submission of Application and Communication

    Applications must be made on prescribed RosettaNet Grant application forms. All information specified in the RosettaNet Application forms must be provided. The softcopy of this application form can be found at http://www.smidec.gov.my by clicking the “Rosettanet Grant” link where the word document file entitled “ROSETTANET FORM2.doc” is placed. Supporting documents shall be submitted in hardcopy to:

     

    Attn:

    Secretariat of RosettaNet Grant

    Small Medium Industries Development

    Corporation (SMIDEC)

    Aras 20, West Wing Menara MATRADE

    Jalan Khidmat Usaha

    Off Jalan Duta

    50480 Kuala Lumpur

     

    Tel:

     

    +(603) 6207 6000

    Fax:

     

    +(603) 6201 6564

    E-mail:

     

    info@smidec.gov.my

    URL:

    http://www.smidec.gov.my


     

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